Churchill Downs Incorporated to Launch Advance Deposit Wagering Service in April 2007.TwinSpires to Accept Wagers on Churchill Downs' Spring Meet, Kentucky Derby Kentucky Derby One of the classic U.S. Thoroughbred horse races. It was established in 1875 and run annually on the first Saturday in May at Churchill Downs track in Louisville, Ky. With the Preakness and the Belmont Stakes, it makes up U.S. racing's coveted Triple Crown. and Oaks LOUISVILLE, Ky. -- Churchill Downs Incorporated Churchill Downs Incorporated (NASDAQ: CHDN) is the parent company of Churchill Downs. The company owns several other thoroughbred and standardbred racetracks. History (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CHDN) today announced that its new advance deposit wagering service ("ADW See Key:Enterprise. ") TwinSpires (www.twinspires.com) will launch in time to accept wagers on the 2007 Spring Meet at Churchill Downs Churchill Downs, Ky.: see Louisville. racetrack, including wagers on the 133rd renewals of the Grade I Kentucky Derby Presented by Yum! Brands Yum! Brands, Inc. (NYSE: YUM) or Yum! is a Fortune 500 corporation, that operates or licenses A&W (excluding Canada), KFC, Long John Silver's, Pizza Hut, and Taco Bell restaurants worldwide. Based in Louisville, Kentucky, it is the world's largest quick-service (a.k.a. on May 5 and the Kentucky Oaks The Kentucky Oaks is a Grade I stakes race for three-year-old Thoroughbred fillies staged annually in Louisville, Kentucky. The race currently covers 1⅛ miles (1811 metres) at Churchill Downs; carry 121 pounds (55 kg). (GI) on May 4. The exact launch date for TwinSpires will be announced publicly within the next two weeks, along with all of the relevant information customers will need to sign up for TwinSpires accounts prior to the opening of Churchill Downs' Spring Meet on April 28, 2007. "We are testing the TwinSpires site right now and will determine a launch date as soon as the testing phase has been completed," said Vernon Niven, executive vice president of technology initiatives for Churchill Downs Incorporated and president of TwinSpires. "The entire TwinSpires design team is excited to launch the site in time for spring racing at Churchill Downs and for the 133rd Kentucky Derby and Kentucky Oaks this May. We know racing fans are eager to learn more about our online wagering service and what will set it apart from other ADW platforms. We look forward to sharing that information with them in the very near future, including the specific information they'll need to apply for TwinSpires accounts. In the interim, we wanted to ensure that our customers knew TwinSpires would be ready to accept their wagers on the 'Greatest Two Minutes in Sports' and the highly competitive racing leading up to and following the Kentucky Derby this spring and summer at historic Churchill Downs." Through TwinSpires, racing fans will be able to watch and wager on races from Churchill Downs racetrack, as well as races from tracks owned by Magna Entertainment Corp. and other popular racing venues as they join the TwinSpires line up. To receive the latest updates on TwinSpires, including news on the official launch date, customers are encouraged to visit the official TwinSpires Web site, www.twinspires.com, and enter their e-mail address to receive communications from the TwinSpires team. Churchill Downs Incorporated ("Churchill Downs"), headquartered in Louisville, Ky., owns and operates world-renowned horse racing venues This is a list of horse racing venues, sorted by country. In the United States they are usually called horse racing tracks, and in most other English speaking countries they are usually called racecourses. throughout the United States. Churchill Downs' four racetracks in Florida, Illinois, Kentucky and Louisiana host many of North America's most prestigious races, including the Kentucky Derby and Kentucky Oaks, Arlington Million, Princess Rooney Handicap The Princess Rooney Handicap is a Thoroughbred horse race run annually at Calder Race Course in Miami Gardens, Florida. Named for the U.S. Hall of Fame filly, Princess Rooney, the race is for fillies and mares three-years-old or older. and Louisiana Derby. Churchill Downs racetracks have hosted seven Breeders' Cup World Championships. Churchill Downs also owns off-track betting facilities and has interests in various advance deposit wagering, television production, telecommunications and racing services companies, including a 50-percent interest in the national cable and satellite network HorseRacing TV[TM], that support the Company's network of simulcasting and racing operations. Churchill Downs trades on the NASDAQ Global Select Market under the symbol CHDN and can be found on the Internet at www.churchilldownsincorporated.com. |
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